earnings
confidence high
sentiment neutral
materiality 0.70
ONE Gas reports Q3 EPS $0.44 vs $0.38; narrows 2022 EPS guidance to $4.00-$4.16; declares $0.62 dividend
ONE Gas, Inc.
2022-Q3 EPS reported
$2.85
- Q3 2022 net income $23.7M ($0.44 diluted) vs $20.3M ($0.38) in Q3 2021, up 17%.
- Year-to-date net income $154.7M ($2.85) vs $145.9M ($2.72) in prior year.
- Narrowed 2022 net income guidance to $217M-$226M, EPS $4.00-$4.16; capex ~$650M.
- Quarterly dividend $0.62/share ($2.48 annualized), payable Dec 1, 2022 to holders of record Nov 15, 2022.
- Received $1.35B securitization bonds from ODFA; net proceeds ~$1.3B used to repay $1.3B senior notes due 2023/2024.